“Dr Reddys has come in our buy list repeatedly. It is a buying opportunity even at current prices.”
He further added, “It is very gratifying to see the PSU banks do well. For the last two weeks that has been the most underlying theme that I have been giving on the channel that PSU banks are the next sectoral opportunity. The way to play is in three-way. There is still steam here. Ideally you want to buy these stocks when they have a pause. There is no sense in running after them, but there is more upside left. So the three-ways you can just trade the Bank Nifty. Go for individual PSU banks and third if there are Exchange-Traded Funds (ETFs) which are created only for PSU banks. So if there is enough liquidity buy a PSU bank ETF.”
He further added, “It is very gratifying to see the PSU banks do well. For the last two weeks that has been the most underlying theme that I have been giving on the channel that PSU banks are the next sectoral opportunity. The way to play is in three-way. There is still steam here. Ideally you want to buy these stocks when they have a pause. There is no sense in running after them, but there is more upside left. So the three-ways you can just trade the Bank Nifty. Go for individual PSU banks and third if there are Exchange-Traded Funds (ETFs) which are created only for PSU banks. So if there is enough liquidity buy a PSU bank ETF.”
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